Local
07 June 2010
Brokers have been warned that increasing automation in commercial insurance and the introduction of innovations like comparative quoting could lead to lower commissions and greater opportunities…
07 June 2010
Rising profitability and surplus capacity are combining to ease the pressure on premium rates, according to leading broker Marsh…
07 June 2010
Heavy rains last week battered NZ’s Bay of Plenty region, causing damage to more than 160 homes and businesses…
07 June 2010
A lawyer acting for Queensland flood victims whose claims have been denied has signed up around 60 policyholders to challenge the findings…
07 June 2010
Direct personal lines insurer Budget Direct has taken out Money magazine’s “Insurer of the Year” award…
31 May 2010
Suncorp will sustain “strenuous resistance” to aggregator websites despite conceding it’s fighting a losing battle over increasing commoditisation of personal insurance…
31 May 2010
QBE and Calliden will ensure the maintenance of the privatised builders’ warranty insurance scheme in WA…
31 May 2010
Steadfast Group Chairman Robert Kelly says any ban on broker commissions by the Federal Government could compromise consumer choice…
31 May 2010
Travellers purchasing insurance since the eruption of the volcano in Iceland will not have disruptions to their travel due to this event covered under their policies, an insurer has warned…
31 May 2010
A survey by online car insurer Progressive Direct has revealed Australian insurance buyers are reluctant to shop around for cheaper cover…
31 May 2010
New research shows that accidents involving vehicles merging into other traffic lanes in metropolitan and greater Sydney have increased by 11% over the past three years…
31 May 2010
The risk insurance sector is embracing new technologies at an increasing pace, although not with universal support…
24 May 2010
The ban on “conflicted remuneration structures” for retail investment products now has the potential to extend to risk insurance, under a new Federal Government initiative…
24 May 2010
Lawyers assisting the Victorian Bushfires Royal Commission have slammed police, fire authorities and official policy in new submissions to be lodged with the inquiry this week…
24 May 2010
A lawyer acting for Queensland flood victims whose claims have been denied has described the case against their insurers as “rock solid”…
24 May 2010
The Queensland Government will increase workers’ compensation premiums by 13% to save the troubled scheme from collapse…
24 May 2010
Accounting firm KPMG has launched a High Court challenge of the corporate regulator’s powers to avoid paying compensation to investors of failed property group Westpoint…
24 May 2010
New Zealand tax changes will drive life premiums beyond rises already being implemented by insurers, the Investment Savings and Insurance Association has warned…
17 May 2010
The Federal Government has abdicated responsibility for insurance tax reform to the state governments, despite conceding that stamp duty and the fire services levy are inefficient taxes…
17 May 2010
A legal dispute between two Brisbane insurance brokerages has been settled, with one of the parties agreeing to close and transfer all its business to its rival…